Female CEOs saw ranks dwindle in 2020; median pay fell 2%
Of the 342 CEOs in the AP’s and Equilar’s compensation survey of S&P 500 companies, only 16 were women. Author: SARAH SKIDMORE SELL AP Personal Finance Writer Published: 8:32 AM CDT May 28, 2021 Updated: 8:32 AM CDT May 28, 2021
WASHINGTON Most of the women running the biggest U.S. companies saw their pay increase last year, even as the pandemic hammered the economy and many of their businesses.
Despite those gains, however, the median pay for female chief executives actually fell in 2020. Already a small group, they saw several high-profile women leave their ranks last year. That means changes in pay for only a few helped skew the overall figures, highlighting just how slow diversity has been to catch on in Corporate America’s corner offices.
Most of the women running the biggest U.S. companies saw their pay increase last year, even as the pandemic hammered the economy and many of their businesses.
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